Unmodified lignin Sample Clauses

Unmodified lignin. The lignin obtained from the organosolv process could be used for various material uses. CIMV has established a trademark for their lignin (BioligninTM) and advertises it as a direct substitute for phenols in most of its industrial applications. These include glues and the plastics polyurethanes, polyesters, phenolic resins and exoxy resins. According to XXXX, their contract price for BioligninTM is at 1,450 EUR/t dry matter (Benjelloun 2011). In order to get a better idea about the feasible price ranges for lignin, the price for phenol may be used as a reference (Xxxxxxx et al. 2009, p. 219). According to the ICIS pricing database, the spot price for phenol in North-West Europe was on average over the years 2007-2012 about 1,200 EUR/t. The price provided by CIMV is therefore in a realistic range, although a bit high. In order to account for uncertainties in the technical properties and substitutability of lignin for phenol, we therefore use a slightly lower price of 1,000 EUR/t.
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